AIG Wins Twice at Business Insurance’s 2016 Innovation Awards

AIG was recognized as an insurance industry innovator at the 2016 Business Insurance Innovation Awards. AIG received two awards—for innovation in the fields of cyber and robotics risk management.

AIG earned honors for investing in K2 Intelligence and for expanding our suite of CyberEdge solutions in order to help prevent and mitigate cyber risks for our clients. AIG’s Lexington Branch received an award for Robotics Shield, an innovative risk mitigation solution for the robotics industry.

2015 marks our organization’s seventh consecutive year of recognition at the Business Insurance Innovation Awards. Business Insurance, an authority on risk information and insights for risk professionals, holds the competition each year to recognize the products and services that solve the emerging challenges of professional risk managers. An independent panel of risk professionals selects the winning companies.

In addition to winning recognition for this partnership, AIG received honors in the 2015 Innovation Awards for expanding our CyberEdge offerings through partnerships with BitSight Technologies, RSA, and Axio Global. Through these partnerships, AIG helps our clients to: identify their cybersecurity level and understand areas for improvement; monitor their own networks and those of third-party vendors; and quantify their cyber exposures to make more informed decisions about where to invest resources.

AIG’s Innovation Award-winning Robotics Shield provides a holistic solution for the risks inherent in the robotics industry. Robotics Shield’s suite of coverage includes product liability insurance with additional CrisisResponse, robotics errors and omissions insurance, and risk management services specifically tailored to the needs of robotics companies. Robotics Shield offers clients insights from attorneys who specialize in robotics, artificial intelligence, and automation. Clients covered by the program also receive a dedicated advisor from the LexRobotics Claims Team. This Team is dedicated to supporting our clients in navigating the new shifting terrain of robotics-related risks.

An early pioneer in both the spaces of cyber and robotics risk management, AIG’s wins at the Business Insurance awards demonstrate our commitment to innovation. For nearly 100 years, AIG has helped our clients and brokers manage the ever-changing world of risk by developing new and groundbreaking products and services. We’re proud to say we bring on tomorrow.